An Act to amend the Canada Revenue Agency Act (reporting on unpaid income tax)
Bill S-217 in 45-1 was a Senate Private Member's Bill amending the Canada Revenue Agency Act (S.C. 1999, c. 17) to require expanded public reporting on unpaid federal taxes by sector and amount tier. The Parliamentary Budget Officer's 2022 federal tax-gap analysis estimated approximately $25 billion in annual federal corporate-tax avoidance plus $7 billion in personal-tax non-compliance (totalling approximately $32 billion in federal tax-gap losses annually). The bill called for the CRA to publish anonymized tax-gap data by industry sector, by income tier, and by enforcement-action category. Builds on the 2024 CRA modernization plan launched by then-Revenue Minister Marie-Claude Bibeau. Did not pass second reading.
Status
Quick learn
Requires the CRA to publish an annual report on the total amount of federal income tax that's owed but unpaid (the so-called tax gap), broken down by income decile and corporate sector. Aimed at the long-standing transparency gap on federal revenue collection.
Issues this bill touches
- Tax & Fiscal Policy
CRA tax-gap reporting (Senate).
Legislative history
- First reading
First reading in the Senate.
View source - Second reading
Second reading in the Senate.
View source - Third reading
Third reading in the Senate.
View source - First reading
First reading in the House of Commons.
View source
Official source
Read full text on Parliament of Canada